It is way more than $110 billion. Keeping the bankers out of jail cost at least a trillion in 2008.

Although the article says the cost is being borne by shareholders, the fact is that customers are paying for much of it through higher fees.
http://www.boston.com/business/articles/...

Other articles indicated that banking revenues from ATM fees are about $7 billion/yr and overdraft fees are about $32 billion/yr.

http://abcnews.go.com/Business/banks-rea...
http://usatoday30.usatoday.com/money/ind...

So once again government pretends to punish with penalties and, as is the case with corporate taxes, the one who always pays is the individual (who was the injured party of the banksters in the first place.)